MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) Sees Significant Increase in Short Interest

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 9,198 shares, an increase of 235.8% from the November 30th total of 2,739 shares. Approximately 5.7% of the shares of the stock are short sold. Based on an average trading volume of 11,452 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 11,452 shares, the days-to-cover ratio is presently 0.8 days. Approximately 5.7% of the shares of the stock are short sold.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Stock Performance

Shares of BNKU traded down $0.30 during trading hours on Friday, hitting $36.33. 15,899 shares of the stock were exchanged, compared to its average volume of 26,580. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 12-month low of $8.51 and a 12-month high of $36.90. The company has a market cap of $5.81 million, a price-to-earnings ratio of 14.27 and a beta of -5.19. The stock’s 50-day moving average price is $29.10 and its two-hundred day moving average price is $25.91.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Company Profile

at bmo, banking is our personal commitment to helping people at every stage of their financial lives. the truth is, people’s needs change: so we change too. but we never change who we are. which means we’ll never waiver from providing our customers the best possible banking experience in the industry. our incredible team of over 46,000 people is just the tip of the iceberg. you should get to know us. we’re here to help.